Cryptocurrency craze

[aryan_1752]

Will there be any drop on profit from mining in next 2-3 months.

Or drop on GPU prices due to decrease in mining craze

[Skiiwee29]

2 minutes ago, aryan_1752 said:

Will there be any drop on profit from mining in next 2-3 months.

Or drop on GPU prices due to decrease in mining craze

Its nearly impossible to predict with as volatile the crypto currency market is... There are some signs that GPU demand is easing up as prices are seeming to slowly work their way back down..

[LienusLateTips]

It's as hard to predict as 9/11. No one knows, with the market being so unstable

[andrewmp6]

The gpu prices have slowly came down a little already.But like said who knows in 3 months to a year what they will be.

[johnukguy]

There is already a huge drop in mining profits and small scale miners are stopping for now. Crypto currencies are going to bottom out, so will go lower over the next few weeks before rising again.

[Mick Naughty]

Depending where you look the prices never moved. Plenty of deals in the used market. Prolly best to wait getting such old cards now. 

[aryan_1752]

1 hour ago, johnukguy said:

There is already a huge drop in mining profits and small scale miners are stopping for now. Crypto currencies are going to bottom out, so will go lower over the next few weeks before rising again.

So should I buy a 1060 6gb (current least price in my area is $470) now or wait for a week or 2(can't wait more than 14 days)?

[johnukguy]

On 4/1/2018 at 6:32 AM, aryan_1752 said:

So should I buy a 1060 6gb (current least price in my area is $470) now or wait for a week or 2(can't wait more than 14 days)?

It really depends on how fast prices are falling where you are. If you see that they're not falling much at all, then I'd say go for it now. If prices are coming down at a reasonable rate, then you'll be better off waiting a week or so. When to pull the trigger though is entirely down to your discretion.

[aryan_1752]

1 hour ago, johnukguy said:

It really depends on how fast prices are falling where you are. If you see that they're not falling much at all, then I'd say go for it now. If prices are coming down at a reasonable rate, then you'll be better off waiting a week or so. When to pull the trigger though is entirely down to your discretion.

Well prices went down by $12 since last 2 weeks.....actually the prices of the same GPU remained same{gigabyte g1 gaming} but newer MSI gaming came to my market with a $17 lower price tag than gigabyte one(actually prices of gigabyte we're increased by $17)